PDFma – indicator MetaTrader 5

PDFma - indicator for MetaTrader 5
In short, this is a kind of weighted average (or a digital filter, depends how somebody prefers to call it) that is using probability density function to calculate the coefficients and the average. The short description of PDF is : In probability theory, a probability density function (PDF), or density of a continuous random variable, … Read more

PdfMA awesome oscillator – indicator MetaTrader 5

PdfMA awesome oscillator - indicator for MetaTrader 5
Theory : Bill Williams’s Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the bars midpoints (H+L)/2, which is subtracted from the 5-period simple moving average, built across the bars midpoints (H+L)/2. It shows us quite clearly what’s happening to the market driving force at the present moment. This version : … Read more